NYSE: PPG
PPG Industries, Inc.
Basic Materials · Chemicals - Specialty
After hours: $115.48(+0.01%) · as of 7:37 PM ET
Market Cap
$25.67B
52w High
$133.43
52w Low
$93.39
P/E
16.45
Volume
1.18M
Outstanding Shares
222.30M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 8.41% over the last year. Revenue grew 12.33% over the trailing twelve months. Operating margin moved from 14.56% to 12.48%. Free cash flow grew 75.88% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 12.48%. A decisive move in revenue — currently up 12.33% — would be the clearest signal to resolve the ambiguity.
Company profile
PPG Industries, Inc. operates globally as a manufacturer and distributor of paints, protective coatings, and various specialty materials.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 2 shares became 3
Profitability & growth
Analyst consensus
21
Buy
15
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 27, 2026
Q4 FY26 · EPS est $2.18 · Revenue est $4.27B
View
Dividends
$2.87/shareQuarterlyDividend Aristocrat · 42yrEx-div Aug 10, 2026 · in 0dSafePPG pays a dividend with a 2.49% declared yield, 42 consecutive years of growth, growing at 5.37% annually, covered 1.9× by free cash flow.
Declared Yield
2.49%
Annual Div / Share
$2.87
5yr CAGR
+5.37%
Doubles every ~13.3yr
Payout Ratio
40.52%
Safe
Dividend Growth Rate
3yr CAGR
+4.57%
5yr CAGR
+5.37%
10yr CAGR
+6.56%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$3/mo
In 10 yrs
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$25/yr $2/mo | $32/yr+30% $3/mo | $42/yr+69% $3/mo |
Yield-on-cost grows from 2.49% → 4.19% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
PPG has raised its dividend for 42 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 1.9× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 5.37% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.